XML 54 R39.htm IDEA: XBRL DOCUMENT v3.23.1
Note 7 - Intangible Assets (Tables)
 12 Months Ended
Jan. 31, 2023
Notes Tables  
Schedule of Finite Lived and Indefinite Lived Intangible Assets by Major Class [Table Text Block]
  

January 31, 2023 (Successor)

  

January 31, 2022 (Successor)

 
  

Gross

      

Net

  

Gross

      

Net

 
  

Carrying

  

Accumulated

  

Carrying

  

Carrying

  

Accumulated

  

Carrying

 
  

Amount

  

Amortization

  

Amount

  

Amount

  

Amortization

  

Amount

 

Developed software/ courseware

 $374,057  $123,219  $250,838  $303,171  $43,956  $259,215 

Customer contracts/ relationships

  336,182   42,026   294,156   332,300   10,436   321,864 

Vendor relationships

  39,887   36,666   3,221   43,900   21,219   22,681 

Trademarks and trade names

  41,680   1,454   40,226   1,500   104   1,396 

Publishing rights

  41,100   13,449   27,651   41,100   5,229   35,871 

Backlog

  49,700   32,780   16,920   49,700   4,906   44,794 

Skillsoft trademark

  84,700   —   84,700   84,700   —   84,700 

Global Knowledge trademark

  25,400   5,046   20,354   25,400   2,062   23,338 

Total intangible assets

 $992,706  $254,640  $738,066  $881,771  $87,912  $793,859 
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]

For fiscal years ended January 31:

 

Amortization Expense

 

2024

 $153,891 

2025

  132,906 

2026

  128,612 

2027

  82,026 

2028

  42,057 

Thereafter

  113,874 

Total future amortization

 $653,366 
Schedule of Goodwill [Table Text Block]

Description

 

Skillsoft

  

GK

  

Consolidated

 

Goodwill, net January 31, 2020 (Predecessor (PL))

 $1,112,820  $—  $1,112,820 

Foreign currency translation adjustment

  (158)  —   (158)

Impairment of goodwill

  (107,934)  —   (107,934)

Canada deconsolidation

  (5,100)  —   (5,100)

Goodwill, net August 27, 2020 (Predecessor (PL))

  999,628   —   999,628 

Impact of Fresh-Start reporting

  (507,843)  —   (507,843)

Goodwill, net August 28, 2020 (Predecessor (SLH))

  491,785   —   491,785 

Foreign currency translation adjustment

  (132)  —   (132)

Goodwill, net January 31, 2021 (Predecessor SLH)

  491,653   —   491,653 

Foreign currency translation adjustment

  (134)  —   (134)

Goodwill, net June 11, 2021 (Predecessor SLH)

 $491,519  $—  $491,519 
             

Acquisition of Skillsoft and GK

  659,667   116,413   776,080 

Foreign currency translation adjustment

  (47)  (623)  (670)

Acquisition of Pluma

  14,892   —   14,892 

Measurement period adjustments

  5,988   (479)  5,509 

Goodwill, net January 31, 2022 (Successor)

  680,500   115,311   795,811 

Acquisition of Codecademy

  309,967   —   309,967 

Foreign currency translation adjustment

  (126)  (392)  (518)

Impairment of goodwill

  (569,256)  (72,106)  (641,362)

Measurement period adjustments

  (3,745)  (2,409)  (6,154)

Goodwill, net January 31, 2023 (Successor)

 $417,340  $40,404  $457,744